common law assignmentglossary / common-law assignment An assignment for the benefit of creditors made under the common law, rather than by statute. [Cases: Debtor and Creditor 1. C.J.S. Assignments for Benefit of Creditors §§ 2, 4; Creditor and Debtor §§ 2–3.] 词条贡献者 双语律师Natalie,毕业于法国一流的高级翻译学院,擅长翻译各类与监管与政府事务相关的法律文件。